据华平投资首席执行官杰弗里·珀尔曼(Jeffrey Perlman)称,日本正在经历结构性变革,这使其对全球私募股权公司变得更加友好和具有吸引力。
By Haslinda Amin, Trista Xinyi Luo and Cathy Chan Japan is undergoing structural changes that are making it more friendly and more attractive to global private equity firms, according to Warburg Pincus LLC Chief Executive Officer Jeffrey Perlman.
珀尔曼在周一接受彭博电视采访时表示:“他们现在将私募股权视为朋友,而不是曾经的对手。
“They now see private equity as a friend as opposed to a one-time foe,” Perlman said in a Bloomberg Television interview on Monday. “This is where our value-creation playbook can come in, helping businesses grow.” “We see that as a very real and attractive opportunity,” he added.
这就是我们价值创造策略可以发挥作用的地方,帮助企业实现增长。”他补充说:“我们认为这是一个非常真实且具有吸引力的机会。”
“They now see private equity as a friend as opposed to a one-time foe,” Perlman said in a Bloomberg Television interview on Monday. “This is where our value-creation playbook can come in, helping businesses grow.” “We see that as a very real and attractive opportunity,” he added.
珀尔曼指出,尽管大型交易可能显得拥挤,但华平投资正瞄准竞争较小的中端市场。
While mega-deals may appear crowded, Warburg Pincus is targeting the middle market, where competition is less intense, Perlman said. The firm earlier this year launched a ¥190 billion ($1.2 billion) tender offer for Japanese student housing operator JSB Co., in what would mark its first take-private transaction in the country.
该公司今年早些时候对日本学生公寓运营商JSB Co.发起了1900亿日元(约合12亿美元)的收购要约,这将是其在日本的首笔私有化交易。
While mega-deals may appear crowded, Warburg Pincus is targeting the middle market, where competition is less intense, Perlman said. The firm earlier this year launched a ¥190 billion ($1.2 billion) tender offer for Japanese student housing operator JSB Co., in what would mark its first take-private transaction in the country.
日本拥有数千家上市公司,其中许多是拥有非核心业务部门的企业集团,这些部门非常适合精简或分拆,这为私募股权投资者提供了丰富的目标环境。他表示:“特别是在中端市场,估值仍然具有吸引力。我们也专注于业务剥离的机会。”
With thousands of publicly traded companies — many of which are conglomerates with non-core units ripe for streamlining or spin-offs — Japan offers a target-rich environment for private equity investors. “Especially at the middle market, valuations are still attractive,” he said. “We are focused on the carve-out opportunities as well.” Elsewhere, Perlman said businesses within India remain attractive and his firm will continue to deploy more capital there.
此外,珀尔曼表示,印度境内的业务仍然具有吸引力,他的公司将继续在那里部署更多资本。
“Especially at the middle market, valuations are still attractive,” he said. “We are focused on the carve-out opportunities as well.” Elsewhere, Perlman said businesses within India remain attractive and his firm will continue to deploy more capital there.